🚨🚨🚨📉 Latest Fed Rate Cut News (5-Line Summary)

​The Federal Reserve is widely expected to enact a 25 basis point rate cut at its upcoming December meeting (Dec 9-10).

​Markets currently price in a high probability (over 85%) of this third consecutive reduction.

​The cut is primarily driven by concerns over a softening labor market, despite inflation remaining above the 2% target.

​Fed officials are reportedly divided on the necessity of a December cut, balancing employment and price stability mandates.

​The policy rate is expected to move to a target range of 3.50\%-3.75\% after the decision. #FedRateCut